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fxJun 18, 2026, 12:00 PM

SNB Holds Rate at 0.00%, Keeps FX Intervention Option Open

Nomura reports the Swiss National Bank kept its policy rate at 0.00% in June and reiterated a heightened willingness to intervene in FX markets to curb franc strength.

USDCHF

The Swiss National Bank (SNB) held its policy rate at 0.00% during its June meeting, according to a research note from Nomura.

The bank reaffirmed its readiness to increase intervention in foreign exchange markets if necessary to limit appreciation of the Swiss franc. Nomura highlighted the SNB's continued dovish stance and its willingness to act against excessive franc strength.

Source: FXStreet Forex News